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Dublin - Event Notice Thursday January 01 1970 Islamic finance & banking: A solution to Irelands financial fiasco!
dublin |
anti-capitalism |
event notice
Sunday November 21, 2010 21:26 by FOSIS Ireland - FOSIS Ireland
Islamic finance & banking: A solution to Irelands financial fiasco! In light of the major decisions taken by the Irish government which has largely divided our nation over with many critics have come out including former Irish Taoiseach John Bruton et al (some of those articles are included below) and even in other countries like France where Eric Cantona has set up an international bank protest which is to take place on the 7th December 2010 and has attracted a lot of attention The cost to the Irish government of the bank rescues, NAMA and a large public sector borrowing requirement to fund current and capital spending has led by late 2010 to a per capita external debt of over $535,000. This represents some 1,305% of Ireland's annual GDP, making it the most indebted country in the world! The next most indebted country was the United Kingdom which owed 428.8% of its GDP. |
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